I am so touched by the many emails I received concerning the future of the YMAA California Retreat Center after 2019. In just a few weeks, the Center received $50,500 in donations!
We are currently evaluating the financials and potential plans for the future.
With the current full-time training programs, the Retreat Center’s annual expenses average $110,000. The large expenses include: $30,000 for groceries, $9,000 for propane gas, $7,300 for property tax, $7,000 for auto insurance and maintenance, $6,500 for fire insurance, and $5,000 in accounting fees. Garden supplies, gasoline, livestock supplies, utilities, and few others account for most of the remaining categories.
Creating a healthy and nearly completely self-sustaining environment is rewarding, yet not without large expenses.
No individuals, including myself, or the Center receive any profits. We have no paid staff, therefore, the facilities management and administrative work contributed by the students (who also strive to keep up with training) comes from pure dedication.
As a non-profit, we rely heavily on donations from supporters. In the past, the Center received $100,000 to $120,000 from the full-time students’ tuition, donations, visitors’ contributions, my personal seminar earnings, and the full-time students’ personal contributions.
Although we are in the planning stages, keeping the Retreat Center open as a learning environment is ideal. Based on the amount of time and work required for the Center to function, I aim to raise a target of $200,000 to help compensate the instructors and staff members for five more years of operation.
If, unfortunately, we cannot raise up enough funds to last for five more years, donations over $500 will be refunded while smaller amounts will be used to support the current programs. The property will be placed on market and I will divide my time between Chile, Taiwan, and Australia.
Thank you for your continued support. I appreciate all your efforts including sending donations, spreading the word, and sending fundraising suggestions.
For those who asked how they can contribute, here are the best methods: https://www.ymaaretreatcenter.org/support-us.
Thank you very much. Your continued support is deeply appreciated by all of us here at the Center.
Dr. Yang, Jwing-Ming